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RPT-Iron ore price drop now testing mettle of mega miners

SYDNEY, Dec 16 (Reuters) - Tumbling iron ore prices have already forced smaller miners to close, but forecasts of further deterioration could test the staying power of even the lowest-cost, mega-miners still turning a profit.

Resurgence of dirty tanker market in 2015: Just a flash in the pan?

Dirty tanker freight rates soared to their highest level in years in 2015, bringing back the positive vibe for shipowners. But how sustainable is this strength in prices going forward?

COLUMN-Why China, a geopolitical teenager, is finally growing up

Dec 16 (Reuters) - Over the last 15 years, China's international diplomacy has marked it as something of a geopolitical adolescent, like a teenager who suddenly has the physical strength and desires of an adult, but not the experience and savvy to manage them.

EU bets on new US LNG imports to take on Russia's gas dominance

Europe is facing a new conflict: Platts editors discuss a potential gas price war between US LNG and Russian pipeline gas.

Notes from the Solar Underground: 2015, Out with the Old, In with the New

2015 is swiftly exiting and it’s time to take a look back and see if anyone learned anything that might help avoid something dire in 2016.

UPDATE 1-U.S. natgas futures fall to fresh 14-year low on weak heating demand

(Adds latest prices) Dec 16 (Reuters) - U.S. natural gas futures set a 14-year low on Wednesday on forecasts for continued unseasonably mild weather that should keep heating demand extraordinarily light through late December. The front-month January contract is testing the $1.76 support level, which was the 2001 low. If it falls below that, futures would drop to their lowest point since March 1999.

UPDATE 2-U.S. tax, spending deal meets resistance from lawmakers

WASHINGTON, Dec 16 (Reuters) - A deal to avoid a U.S. government shutdown met resistance on Wednesday from both conservative Republicans concerned about spending and House Democrats who complained about tax breaks and a planned end to a ban on U.S. oil exports.

UPDATE 1-European Parliament set to hold inquiry into VW emissions scandal

* EU divided over law on tougher air pollution limits (Adds quotes, detail, impact on air quality)

Paris deal boosts plan for New York climate change museum

NEW YORK, Dec 16 (Thomson Reuters Foundation) - New York City's museum devoted to climate change has no walls, no admission fee and no exhibits.

US Treasury official: Actions targeting Islamic State finances to intensify

WASHINGTON, Dec 16 (Reuters) - The United States is targeting the entire oil supply chain used by Islamic State as well as the militant group's financial platforms to choke its revenue flow, efforts it expects to expand soon, a top U.S.

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